E-commerce platform, which raised the money from both existing and new investors, says it’ll use proceeds to fund continued expansion and enhance SME financing capabilities.
Tech giants Alibaba, Tencent and Baidu operate differently to most conglomerates which is why Moody’s looks at cashflow, not profit, when it comes to rating the companies
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge